Jane Slater | Councillor for Stretford & Humphrey Park Ward, Trafford

Capital Strategy, Asset Investment Strategy, Capital Programme and Prudential and Local Indicators 2025-2028

From: Budget, Executive - Monday, 3rd March, 2025 6.00 pm - March 03, 2025

The Capital Strategy focuses on the core principles that underpin the Council’s capital programme and gives a position statement with regards to capital expenditure and the resources available. It also reviews the key issues and risks that will impact on the delivery of the Council’s capital investment plans and the governance framework required to support delivery of the Strategy. The three-year capital programme that was approved in February 2024 was £154.56m. Progress against this programme has been reported to Executive throughout the financial year as part of the budget monitoring report. The three-year Capital Programme 2025/28 and update of available resources is detailed in Section 2. This gives a proposed General Capital Programme of £142.24m for the next three years and an Asset Investment Programme of £166.38m to give a total capital programme of £308.62m.

Recommendations Approved

Strategic Land Review Programme Update

From: Budget, Executive - Monday, 3rd March, 2025 6.00 pm - March 03, 2025

The purpose of the Strategic Land Review Programme is to report on progress and set out a list of land and property that the Council intends to either sell, develop in partnership or self-develop or transfer ownership in the forthcoming year(s), together with a summary report of the previous year’s progress. The Strategic Land Review Programme is an integral part of the Council’s Estates Strategy and is the conclusion of a corporate process of identification of surplus assets linked to service planning and an options appraisal process.

For Determination